Meridian Mining Plc · TSX:MNO

Meridian Mining — Investor Presentation (February 2019)

17 slides from Meridian Mining's investor presentation, February 2019

  1. Slide 1: Espigão Manganese Project: Growth Through Initiative

    ESPIGÃO MANGANESE PROJECT GROWTH THROUGH INITIATIVE FEBRUARY ‐ 2019

  2. Slide 2: Forward Looking Statement

    FORWARD LOOKING STATEMENT Some statements in this presentation contain forward‐looking PREMIUM information or forward‐looking statements for the purposes of applicable securities laws. These statements include, among others, statements with respect to the Company's plans for exploration, development

  3. Slide 3: Premium Quality Manganese Oxide

    PREMIUM >48% Mn QUALITY PREMIUM GRADE MANGANESE OXIDE Located in the state of Rondônia, Meridian’s Espigão do Oeste Manganese project produces Brazil’s highest grade manganese oxide mineral concentrate Ongoing investments in people, modern equipment and infrastructure allows for production capacity

  4. Slide 4: Project Highlights

    PROJECT HIGHLIGHTS • Attractive high quality product: The product is highly prized by local and international ferro alloys smelters  >48% Mn average grade.  Low phosphorous content  High Mn : Fe ratios. • Simple processing technology: manganese oxides are hosted in the colluvial and saprolite hor

  5. Slide 5: Strengthening the Bottom Line

    MERIDIAN BUSINESS FUNDAMENTALS • OWNERSHIP: 100% of exploration and STRENGTHENING production assets are owned by Meridian • PRODUCTION: Meridian has been recently re‐ THE structured and is on target to have a stable production profile for the next three years BOTTOM LINE • PRODUCT: High grade with l

  6. Slide 6: Our Community

    OUR SOCIAL LICENCE OUR COMMUNITY TO OPERATE BEING PART OF THE LOCAL COMMUNITY • Sustainability, Training and Corporate Social Responsibility (CSR) programs are implemented by a dedicated “local” in‐house team • CSR programs focus on developing an open and transparent relationship with all community

  7. Slide 7: Geology and High Quality Hydrothermal Manganese Oxide

    GEOLOGY AND HIGH QUALITY MINERALISATION HYDROTHERMAL THE PROJECT HAS SEVERAL DIVISIONS: MANGANESE • A high strain gneissic package to the west • Granite to granodiorite phases to the east • A southern volcanic to subvolcanic sequence OXIDE • Gabbro‐dolerite dykes and plugs • Sedimentary rocks of the

  8. Slide 8: Success in 2018

    OUR SUSTAINABILITY STRATEGY THE EXPLORATION TEAM CONTINUES TO DEFINE SIGNIFICANT MANGANESE OXIDE OCCURRENCES A dedicated exploration team continues to perform reconnaissance mapping and pre‐production evaluation of new opportunities at project, local & regional scale. TARGETING MANGANESE OXIDES: • A

  9. Slide 9: Transitioning from Colluvial to Saprolite Mining

    TRANSITIONING FROM COLLUVIAL TO SAPROLITE MINING Colluvial hosted manganese • Past production has been principally mined from the colluvial horizons, often only to 1 meter below the surface • Many colluvial hosted zones remain to be mined • Immediately below the colluvial horizon, the free digging s

  10. Slide 10: Free Digging Mining Method with Simple Procedure

    MINING FREE DIGGING MINING IS LOW COST FROM METHOD WITH COLLUVIUM & SAPROLITE MINING SURFACE SIMPLE • Delineation of manganese distribution by detailed grade control • Pre‐stripping & stockpiling of segregated top soil PROCEDURE and barren overburden for later site rehabilitation • The saprolite ext

  11. Slide 11: A Simple & Low Cost Enrichment Process

    PRE‐SCREENING PRODUCING A MANGANESE OXIDE PRE‐ CONCENTRATE AT THE MINE • August 2018, processing flow sheet was modified via the mobilisation of satellite screening plants • Dry or wet pre‐screening removes >75% of barren material (soil) while retaining the recoverable manganese oxide. The resulting

  12. Slide 12: Two Processing Plants

    ROM FEED TO PRE-SCREEN WET OR DRY PROCESSING RESULTS IN 75% TO 80% WASTE REMOVAL BEFORE TRUCKING TO THE PLANTS MERIDIAN MANGANESE PROCESSING FLOW SHEET TWO PROCESSING PLANTS REJECTED SOILS FOR REHABILITATION COMBINED CAPACITY IN EXCESS OF 45KT P.A. 3 JIGS • Jaburi and Rio Madeira can now receive a p

  13. Slide 13: Meridian: A Destination for Investment

    MERIDIAN A DESTINATION FOR INVESTMENT MERIDIAN BENEFIT FROM IS BUILDING A STRATEGY BASED • Targeted Exploration in 2019‐21 • • Processing plants optimisation in 2019 Fully mobile pre‐processing equipment by 2019 ON LOCAL & INTERNATIONAL • Brazilian project development 2019 & beyond EXPERTISE SUPPLYI

  14. Slide 14: Obrigado!

    OBRIGADO! 13

  15. Slide 15: Senior Management

    SENIOR MANAGEMENT GILBERT CLARK ADRIAN MCARTHUR JONATHAN RICHARDS JOEL JULIO BRANDÃO Interim CEO and Director Chief Geologist, Qualified Person Interim Chief Financial Officer Resident Manager Espigão Mr. Gilbert Clark has 19 years of international Dr. Adrian Mcarthur has over 20 years of Mr. Jonath

  16. Slide 16: Board of Directors

    BOARD OF DIRECTORS JOHN SABINE CHARLES RIOPEL GILBERT CLARK PETER WEIDMANN KATHERINE MACLEAN DIRECTOR & CHAIRMAN OF THE BOARD DIRECTOR DIRECTOR DIRECTOR COMPANY SECRETARY John Sabine, qualified as a solicitor in Charles Riopel is an accomplished senior‐ Gilbert Clark has 19 years of international Pe

  17. Slide 17: Share Capital Structure

    SHARE CAPITAL STRUCTURE Price CAD No.of Sceurities Total Securities CAPITAL STRUCTURE • Meridian Mining Societas Europea MINING Issued and Oustanding Stock Options 0.5 1,050,000 163,822,421 • Meridian Mining S.E. listed on the TSX Venture Exchange (Ticker: MNO) METHOD WITH Warrants Fully Diluted 0.6

Meridian Mining — Investor Presentation (February 2019) on 6ix